SalaryNode

Average All Occupations Salary in New Hampshire

In New Hampshire, the average annual salary for all occupations stands at a robust $68,800, slightly surpassing the national average of $67,140. This favorable compensation reflects the state's economic landscape, characterized by a strong workforce and potentially higher demand for skilled labor, which often drives up pay rates.

Executive Summary

  • Average Salary: $68,800 per year.
  • Growth Trend: Salaries have shifted 21.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $121,360.
  • Outlook: New Hampshire boasts a substantial total local workforce of 683,160 individuals, indicating a significant labor market. With a location quotient of 1.0, the concentration of jobs in 'All Occupations' aligns precisely with the national average, suggesting a stable and balanced demand for labor across various sectors within the state.
2024 Market Data

Salary Overview

$68,800

The average All Occupations in New Hampshire earns+2.5%above the national average.

BreakdownBased on 40h/week
Hourly

$33.1

Weekly

$1,323

Monthly

$5,733

All Occupations Salary Distribution in New Hampshire

Salary progression in New Hampshire for 'All Occupations' typically scales significantly with experience. Entry-level positions might start at a lower percentile, while senior roles command higher earnings, reflecting increased responsibility and expertise. The widening gap between salary percentiles clearly signifies robust career progression opportunities within the state.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$31,190$15
ExperiencedProficient professional working independently.25% (Junior)$51,600$24.8
Mid-LevelEstablished expert. Standard market value.50% (Median)$52,610$25.3
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$86,000$41.3
Top TierIndustry leader / Executive level compensation.90% (Expert)$121,360$58.3

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$68,800

Gross Pay

Real Wage (Purchasing Power)

$59,516

Adjusted for COL (115.6)

The average annual salary of $68,800 in New Hampshire presents a mixed picture when considering the local Cost of Living Index of 115.6. While the nominal salary is higher than the national average, the cost of living is also notably above the national benchmark, meaning purchasing power may be slightly constrained compared to areas with a lower cost of living.

Job Market Context

683,160

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, New Hampshire has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

A location quotient of 1.0 for 'All Occupations' in New Hampshire indicates that the state's employment concentration for these roles is exactly in line with the national average. This suggests a competitive yet stable job market where the availability of workers closely matches the demand for various occupations, without significant over- or under-supply.

Nearby Job Markets

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in New Hampshire?

The median annual salary for a All Occupations in New Hampshire is $68,800. This typically ranges from $31,190 for entry-level positions to $121,360 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Hampshire is 2.5% higher than the national median of $67,140.

Is New Hampshire a lucrative place for All Occupationss?

Yes, with caveats.New Hampshire offers an average salary slightly above the national average, but its higher cost of living means the effective purchasing power needs careful consideration.

Is New Hampshire a good place to live for All Occupations?

The Cost of Living Index in New Hampshire is 115.6. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Hampshire?

Some top paying nearby cities include Manchester-Nashua, NH ($71,160) and Portland-South Portland, ME.

How does New Hampshire's average salary compare to the national average?

The average annual salary in New Hampshire is $68,800, which is higher than the national average of $67,140.

What is the Cost of Living Index in New Hampshire?

New Hampshire has a Cost of Living Index of 115.6, meaning it is 15.6% more expensive to live there than the national average.

How large is the workforce in New Hampshire?

The total local workforce in New Hampshire comprises 683,160 individuals.

What does a Location Quotient of 1 mean for jobs in New Hampshire?

A Location Quotient of 1 signifies that the concentration of jobs for 'All Occupations' in New Hampshire is the same as the national average, indicating a balanced job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 683,160 employees in the New Hampshire area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.